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The City of Los Alcazares settles the 2014 budget with a surplus of nearly one million euros (31/03/2015)

The plenary session of March released data from the 2014 financial settlement with a positive remaining 2,253,348.19 euros and a surplus of nearly a million.

In this budget settlement, revenues in 2014 amounted to 17,543,481 euros and expenses totaled 16,414,640 euros

With these data, the City of Los Alcazares meets the objective of budgetary stability and also with the Adjustment Plan that this consistory held "we were forced to implement a plan of adjustment and the results have been positive," explains Jose Francisco Lopez Councilman Hacienda.

The surplus will go to keep paying bills to suppliers.

The mayor, explained that this result is due to "good management of municipal resources, and rationalization of expenditure. In just four years, we have achieved a debt reduction of 45 percent and this work will stand us able to ease the tax burden on alcazareño "he said

On the other hand, Bastida stressed the importance for the City "we have achieved this surplus helps us keep canceling debt" as is apparent from budget report.

We have a consolidated cash surplus, ie, we have nearly a million euros in our municipal accounts to continue to meet payments "

Therefore, the Consistory liquid 2014 having fulfilled the objective of budgetary stability, the rule of expenditure and the adjustment plan.

Source: Ayuntamiento de Los Alcázares

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